Several Solana staking ETFs may win US approval within two weeks: Analyst

Several Solana staking ETFs may win US approval within two weeks: Analyst

The two-week approval forecast follows analyst predictions that additional crypto ETF approvals could be a key catalyst for a broader altcoin season. Several applications for Solana exchange-traded funds (ETFs) with staking could receive US approval by mid-October, ETF analyst Nate Geraci said, following fresh regulatory filings. “Guessing these are approved [within the] next two weeks,”…

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Australian fitness firm tanks 21% on Solana treasury gamble

Australian fitness firm tanks 21% on Solana treasury gamble

Nasdaq-listed Fitell tanked on Wednesday after buying $10 million of Solana as part of a newly announced crypto treasury strategy. Australian fitness equipment maker Fitell fell 21% on Wednesday after announcing it bought more than 46,000 Solana (SOL) for around $10 million. The Nasdaq-listed company closed Wednesday’s trading session at $6.65, only making a mere…

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SOL long leverage traders vanish as crypto sells off: Is 0 next?

SOL long leverage traders vanish as crypto sells off: Is $200 next?

A rotation to Aster, US macroeconomic concerns and broad crypto market sell-off take a toll on SOL price. Will TradFi accumulation keep Solana price above $200? Key takeaways: SOL’s funding rates show cautious sentiment, yet historical patterns highlight potential short-term price gains. Declining network usage and competition weigh on SOL, though treasury strategies and fundamentals…

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Cannabis firm Flora Growth launches 1M treasury backing Zero Gravity

Cannabis firm Flora Growth launches $401M treasury backing Zero Gravity

Nasdaq-listed Flora Growth will rebrand to ZeroStack after raising $401 million to support 0G, a decentralized AI blockchain training 107B-parameter models. Nasdaq-listed cannabis firm Flora Growth has launched a $401 million treasury initiative to back Zero Gravity (0G), a blockchain project focused on powering decentralized AI infrastructure. The move comes through a private placement deal…

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SEC approves first US multi-asset crypto ETP, from Grayscale

SEC approves first US multi-asset crypto ETP, from Grayscale

The SEC approved Grayscale’s Digital Large Cap Fund, the first US multi-asset crypto ETP offering exposure to Bitcoin, Ether, XRP, Solana and Cardano. The US Securities and Exchange Commission (SEC) approved the first multi-asset cryptocurrency exchange-traded product (ETP) in the United States, clearing Grayscale’s Digital Large Cap Fund (GLDC) for listing. The fund will offer…

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Forward Industries eyes up to B share sale to back Solana push

Forward Industries eyes up to $4B share sale to back Solana push

The offering is being made under an automatic shelf registration, which lets large companies raise capital quickly and with flexibility. Nasdaq-listed company Forward Industries filed for an at-the-market (ATM) equity offering program of up to $4 billion, giving the company flexibility to sell shares over time to support its Solana-focused treasury strategy.  On Wednesday, Forward…

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